shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » FG SET TO AUDIT PORT CONCESSION

FG SET TO AUDIT PORT CONCESSION

by Joshua
July 26, 2010
in Uncategorized

 


• Confirms Shipping Position Weekly’s Story
 
Barely one month after Shipping Position Weekly scooped that the Federal Government was contemplating an audit of the four – year old  port concessioning programme, the minister of transport, Alhaji Yusuf Suleiman last week confirmed that a committee to carry out the audit is about to be constituted to evaluate the programme.
He confirmed to visiting members of the governing council of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) that “the Federal Government has set up an audit team to evaluate the effectiveness of the concession. When government decided to give out the ports on concession, it was not because we wanted to keep them as public institutions, but we felt that it should be in line with the best global practices.
Justifying the impending audit, the minister added that : “Since 2006 when we did that, we have not been able to go back as government to assess the situation, but recently we have constituted a team that will give us an audit of what the concession had done so far.”
Shipping Position Weekly had reported in its June 13, 2010 edition that “the audit is expected to focus on the various terms of agreement that were reached between NPA and the Bureau of Public Enterprises, (BPE), and the concessionaires on the other hand. It is also expected to appraise the extent of fulfilment of obligations on the part of the private terminal operators, the extent of provision and maintenance of common user facilities, among others”.
Our source at that time who is also an insider in the transport ministry had given an insight into the mindset of the minister of transport, saying that “the honourable minister is convinced that NPA has lost its control of the situation and he is determined to ensure, not only that the terms of the concession agreements are adhered to, but also to determine the extent of compliance with extant provisions.”, even as he insisted that the exercise is not a probe, “but a simple attempt to ensure that no one is sleeping”.
But last week, the minister assured the CRFFN team which was led on the visit by the chairman of its governing board, Mr Tony Nwabunike that it audit is not an effort that is meant to witch-hunt, but one that is aimed at fine- tuning port operations.
He added that the audit committee is likely to be inaugurated this week.

 


Related Posts

Akutah Honours Outstanding Staff, Charges Personnel on Integrity and Professionalism

Akutah Honours Outstanding Staff, Charges Personnel on Integrity and Professionalism

October 10, 2026
Rainbow Coalition Targets One Million Votes for Tinubu in South-West

Rainbow Coalition Targets One Million Votes for Tinubu in South-West

October 1, 2026
IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

August 31, 2026

Tinubu Hails Nigerian Firm’s AfCFTA Customs Project Deal

August 11, 2026

Discussion about this post

Latest News

Omi-Eko Project: LASWA Defends Implementation Process

October 10, 2026

Nigeria First Policy Reduces Cost Of Locally Assembled Vehicle To N35m

ADC’ll Build Gelegele, Other Seaports If Elected, Amaechi Vows

SEREC Seeks Transparency In Port Concession Renewal

NIMASA-BEAP: Portal Opens To All Nigerians As NIMASA Removes Age Barrier

NPA Host Executives of Dala & Funtua Inland Dry Ports

Akutah Honours Outstanding Staff, Charges Personnel on Integrity and Professionalism

Navy Sustains Anti-Crude Operations In Delta

CGC Adeniyi Pledges Customs’ Support for Nigeria’s $1tn Economy Target

FerrySafe Successfully Concludes Module 5 on Safety Management Systems, Advances to Survey and Inspection Training

Customs Boss Signs SOP On Internal Corruption Risk Analysis, Mapping

Oil & Gas Free Trade Zone Drives Investment, Economic Growth – Controller

kindly like our Facebook page

Health

WHO Launches Campaign To Prevent Stem Rising Suicide In Africa
Health

WHO Warns Smoking Can Reduce Fertility

September 28, 2026

The World Health Organization (WHO) says new evidence shows that smoking may reduce the chances of conceiving, with tobacco use...

Expert Urges Nigerians To Reduce Salt, Sugar Intake

Expert Urges Nigerians To Reduce Salt, Sugar Intake

September 21, 2026
Some Foods That Can Affect Your Kidney In Your 60s And Above

African Traditional Medicine Key To Universal Health Coverage – WHO

September 14, 2026
Doctors Warn Against Excessive Herbal Products Intake

Doctors Warn Against Excessive Herbal Products Intake

September 14, 2026
Some Foods That Can Affect Your Kidney In Your 60s And Above

Some Foods That Can Affect Your Kidney In Your 60s And Above

September 14, 2026
Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

September 7, 2026
Eat Ginger Every Day and Watch Your Health Bounce Back To Life

Eat Ginger Every Day and Watch Your Health Bounce Back To Life

September 7, 2026
Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

August 31, 2026
WHO Says 4 In 10 Cancer Cases Preventable

WHO Says 4 In 10 Cancer Cases Preventable

August 31, 2026
SPECIAL EDITION ON CANCER AWARENESS:  Oncologist Urges Early Alarm, Detection

SPECIAL EDITION ON CANCER AWARENESS: Oncologist Urges Early Alarm, Detection

August 31, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition